Highlights in March
2. Deri Protocol has been officially live on zkSync Era Mainnet.
3. Deri Protocol is excited to receive 386,311 ARB token and play a key role in crypto governance, actively contributing to Arbitrum’s decentralization journey.
4. Deri Protocol total trade volume on Arbitrum has exceeded $10 billion.
A. Project Progress
A new derivative, Gamma Swap, has been officially live on deri.io. It can be considered a groundbreaking innovation in derivatives, both in DeFi and finance.
The unique features of Gamma Swap:
1. The first ever derivative offering pure gamma exposure
2. Optimized capital efficiency for traders
3. A groundbreaking PnL curve introduces a novel approach to speculation
What’s Gamma Swap & what’s its use cases? Click Gamma Swap Academy to get details.
Deri Protocol has been officially live on zkSync Era. Deri’s mission is to foster mass crypto adoption in derivative trading by leveraging zkSync Era’s performance and scalability, all while maintaining Ethereum-level security.
Deri Protocol total trade volume on Arbitrum has exceeded $10 billion
The milestones for Deri Protocol on Arbiturm for 10 months:
- $10b total trading volume
- 30,000+ transactions
- 7,500+ unique users
Deri Protocol was awarded over 300k $Arb airdrops by Arbitrum. We planned to utilize it to keep contributing to crypto governance and Arbitrum decentralization journey.
Deri Protocol partnered with Civilization Wallet.
The successful conclusion of the 2nd anniversary event saw more than 2,000 users joining in the celebration.
Deri’s Live Stream:
C. On-Chain Data
Since the launch of the DERI burning mechanism, over 2.1 M DERI tokens have been burned to deadlock.
About Deri Protocol
Deri, your option, your future!
Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.